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It is also a lot easier to compare a Big Mac then a Quarter Pounder with cheese for example, because according to Pulp Fiction we would have to change the name to “Royal with Cheese” if we were in France. So Basically the Big Mac is the same burger, same name and many locations throughout the world.
For our paper, we obtained the Big Mac PPP exchange rate between the US Dollar and the Canadian Dollar, Japanese Yen, Pound Sterling and the Singapore Dollar. We first wanted to know what the exchange rate should be by taking the (current Exchange Rate)*(US Dollars per Burger / Local Currency per Burger)...
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